The end of the bear reign? Navigating Cardlytics' potential reversal
Cardlytics(CDLX) Invezz·2024-03-15 11:42
Leading digital advertising and financial technology company, Cardlytics (NASDAQ:CDLX), reported its fourth-quarter results after market closing yesterday. Although the company missed analysts’ EPS and revenue expectations by $0.03 and $0.35 million, respectively, its stock jumped over 37% post-market buoyed by optimistic guidance for Q1 2024.From bullish peaks to bearish strugglesCopy link to sectionFollowing a remarkable bull run between 2019 and 2020 that saw the stock reach highs above $160 in early 202 ...